Trump screams "gouged" over $3.92 gas and orders a DOJ probe, but Paul Krugman explains why prices fall like "feathers" ahead of midterms.

The president seems surprised that gas prices haven’t magically returned to normal.

The president complained that prices at the pump haven’t dropped sharply enough despite a sharp slump in crude prices since the Iran peace deal went into effect.

Trump accuses oil companies of gouging consumers as crude falls below $100/barrel, prompting a DOJ probe into $2.6B in suspicious oil trading profits.

President Trump has directed the Justice Department to investigate potential gasoline price gouging, arguing that fuel prices are not falling quickly enough despite a sharp…

US President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies for not lowering gasoline pump prices in line with…

Trump directs DOJ to investigate oil companies for high gasoline prices amid consumer concerns and upcoming midterm elections.

Trump orders a DOJ probe into oil companies, alleging gas price gouging as pump prices fail to match falling crude costs.

President Donald Trump said he was ordering the Department of Justice to investigate oil companies over accusations of price gouging.

“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump wrote on TruthSocial. The U.S.-Iran deal…

“Gasoline prices better start going down a lot faster than what I’m seeing!” Trump wrote.

"Gasoline prices better start going down a lot faster than what I’m seeing!" Trump wrote.

Trump screams "gouged" over $3.92 gas and orders a DOJ probe, but Paul Krugman explains why prices fall like "feathers" ahead of midterms.

The average price of gasoline in the United States stood at $2.98 per gallon before the start of hostilities against Iran, and had climbed to about $3.90 by June 22

Trump previously assured Americans that they would ‘soon’ see $2 gas prices, which would ‘drop like a rock’ as soon as the war in Iran is over

“Gasoline prices better start going down a lot faster than what I’m seeing!”

President Donald Trump says “Big Oil” companies are keeping gas prices artificially high, echoing a complaint former President Joe Biden made during the last gas price spike. But,…

U.S. President Donald Trump has launched a Justice Department probe into major oil companies, accusing them of failing to pass lower crude oil prices on to American consumers.…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestylePresident Donald Trump criticized major oil…

US President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices artificially high despite a recent fall…

By Claudia Assis and Myra P. Saefong